VINGSAND BRYGGE AS

7740 STEINSDALEN

Finances

Return on Equity

42,02 %

Current Ratio

5,45

Debt-to-Equity Ratio

5,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	820 000	588 000	285 000	319 000
Net Income	137 000	184 000	−119 000	−18 000
Total Assets	2 230 000	2 004 000	592 000	581 000
Total Equity	326 000	189 000	4 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	820 000	588 000	285 000	319 000
Expenditure	662 000	390 000	401 000	334 000
Operating Profit	158 000	199 000	−116 000	−15 000
Financial Income	0	0	0	0
Financial Costs	21 000	14 000	3 000	3 000
Financial Balance	−21 000	−14 000	−3 000	−3 000
Earnings Before Tax	137 000	184 000	−119 000	−18 000
Tax	0	0	0	0
Net Income	137 000	184 000	−119 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	917 000	1 116 000	209 000	235 000
Total Current Assets	1 313 000	887 000	382 000	346 000
Total Assets	2 230 000	2 004 000	592 000	581 000
Total Retained Equity	−219 000	−356 000	−541 000	−422 000
Total Equity	326 000	189 000	4 000	123 000
Total Long-Term Debt	1 663 000	1 681 000	460 000	460 000
Total Current Debt	241 000	134 000	128 000	−2 000
Total Equity and Debt	2 230 000	2 004 000	592 000	581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	224 000	106 000	70 000	54 000
Other Income	596 000	482 000	215 000	265 000
Revenue	820 000	588 000	285 000	319 000
Cost of Goods Sold	179 000	87 000	50 000	51 000
Salary Costs	0	0	0	0
Depreciation	66 000	44 000	26 000	30 000
Impairment	0	0	0	0
Expenditure	662 000	390 000	401 000	334 000
Operating Profit	158 000	199 000	−116 000	−15 000
Financial Income	0	0	0	0
Financial Costs	21 000	14 000	3 000	3 000
Financial Balance	−21 000	−14 000	−3 000	−3 000
Dividends	0	0	0	0
Net Income	137 000	184 000	−119 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	907 000	1 106 000	199 000	225 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	907 000	1 106 000	199 000	225 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	917 000	1 116 000	209 000	235 000
Stock	55 000	47 000	52 000	36 000
Total Investments	0	0	0	0
Cash, Bank	753 000	643 000	250 000	301 000
Total Current Assets	1 313 000	887 000	382 000	346 000
Total Assets	2 230 000	2 004 000	592 000	581 000
Total Equity	326 000	189 000	4 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 663 000	1 681 000	460 000	460 000
Creditors	21 000	38 000	28 000	−4 000
Unpaid Taxes	0	−4 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	220 000	100 000	100 000	0
Total Current Debt	241 000	134 000	128 000	−2 000
Total Equity and Debt	2 230 000	2 004 000	592 000	581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,02 %	97,35 %	−2 975 %	−14,63 %
Debt-to-Equity Ratio	5,1	8,89	115	3,74
Operating Profit Margin	19,27 %	33,84 %	−40,7 %	−4,7 %
Current Ratio	5,45	6,62	2,98	−173
Quick Ratio	7,06	10,2	5,03	−9,11
Equity Ratio	0,15	0,09	0,01	0,21
Gross Profit Margin	78,17 %	85,2 %	82,46 %	84,01 %